Malaysia published the Income Tax (Deduction for Expenses in relation to Listing on Main Market, Access, Certainty, Efficiency (ACE) Market or Leading Entrepreneur Accelerator Platform (LEAP) Market of Bursa Malaysia Securities Berhad) Rules 2023 in the Official Gazette on 7 August 2023. The rules have effect from the year of assessment 2023 until the year of assessment 2025 and provide for a tax deduction for expenses incurred by technology-based companies in relation to listing on the:
- Ma…